A quick overview of the highlights of the closing day of the "Bitcoin 2025" conference

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ODAILY
05-30
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Original Author: Bright, Foresight News

Bitcoin 2025 Conference officially concluded on May 29th in Las Vegas, with closing day speakers including: SEC Commissioner Hester Peirce; Tether CEO Paolo Ardoino; Strategy Founder Michael Saylor; Panama City Mayor Mayer Mizrachi; Silk Road Founder Ross Ulbricht; Strike Founder Jack Mallers; Cantor Fitzgerald Chairman Brandon Lutnick.

Coverage of the first two days of Bitcoin 2025 can be found at:

《A Quick Overview of the First Day of the "Bitcoin 2025" Conference》

《A Comprehensive Look at the Second Day of the Bitcoin 2025 Conference》

Government Officials' Statements

SEC Crypto Working Group Leader and "Crypto Mom" Hester Peirce stated at the Bitcoin 2025 Conference that crypto investors should be responsible for their investment decisions rather than seeking government assistance when losing money. She emphasized: "If you advocate for free choice, you should learn from investment failures rather than demand rescue." Peirce noted that most crypto tokens are not securities, and related trading platforms do not need to register with the SEC unless involved in securities-related business. Regarding recent popular Meme coins, she clearly stated that this is a speculative area where investors must bear their own risks. On the issue of publicly listed companies holding crypto assets, Peirce maintained a neutral stance, only emphasizing the need for proper information disclosure.

UK Reform Party Leader Nigel Farage announced at the Bitcoin 2025 Conference that if elected Prime Minister, he will promote legislation supporting crypto assets. His core policies include: establishing a Bitcoin reserve at the Bank of England; passing the "Crypto Assets and Digital Finance Act" to prevent banks from closing accounts due to customers' crypto activities; reducing crypto asset capital gains tax to 10%; and explicitly opposing the issuance of Central Bank Digital Currency (CBDC).

Farage declared "making London the world's top crypto trading center" and confirmed that the Reform Party will be the first European party to accept crypto currency donations. Recent polls show the party's support continues to rise, though the next UK general election is expected in August 2029. The Reform Party has already made a breakthrough in the May local elections.

Panama City Mayor Mayer Mizrachi stated at the Bitcoin 2025 Conference that he is considering promoting Bitcoin payment applications following El Salvador's model. The city has passed a law allowing residents to use Bitcoin, Ethereum, and some stablecoins to pay municipal fees such as taxes and parking fees. Mizrachi specifically proposed providing priority passage for ships paying Panama Canal tolls with Bitcoin and considering establishing a municipal Bitcoin reserve. This concept is directly inspired by El Salvador President Bukele's policy, which made the country the first to adopt Bitcoin as legal tender four years ago.

Business Figures' Statements

Strategy Founder Michael Saylor stated at the Bitcoin 2025 Conference, "If you allocate Bitcoin on your balance sheet, there's a 90% chance of success within 5 years." "The more individuals, enterprises, governments, institutions, cities, and leaders accept Bitcoin, the more likely humans are to succeed."

Tether CEO Paolo Ardoino presented a slide at the Bitcoin 2025 Conference, stating that the stablecoin issuer currently holds over 100,000 Bitcoins and over 50 tons of gold. Ardoino said, "Gold is not competing with Bitcoin, but with fiat currency." He also mentioned that Tether's profits were about $20 billion over the past three years, with less than 5% distributed to shareholders and 95% used to expand distribution networks and reinvest in Bitcoin.

Blockstream CEO Adam Back predicted at the Bitcoin 2025 Conference that Bitcoin price will reach $1 million within 5 years.

Cantor Fitzgerald Chairman Brandon Lutnick stated at the Bitcoin 2025 Conference, "Bitcoin has a fixed supply, it's wonderful, scientific, and coded." Simultaneously, Cantor Fitzgerald announced the launch of a gold-hedged Bitcoin fund, their first Bitcoin-themed investment product. The fund plans to run for five years, maintaining Bitcoin's upside potential while providing 1:1 downside protection through a gold-linked mechanism.

Paris Saint-Germain Football Club (PSG) announced that Bitcoin has been incorporated into its financial reserves. PSG Labs Head Pär Helgosson revealed at the Bitcoin 2025 Conference that the club began purchasing and holding Bitcoin since last year, becoming the first top football club to publicly hold Bitcoin. Helgosson stated that PSG converted part of its fiat currency reserves to Bitcoin and still holds these assets. As one of the world's largest football clubs, PSG is the first sports institution to publicly hold Bitcoin. The club also plans to invest in "Bitcoin entrepreneurs" and "Bitcoin projects" and use its global fan base of 550 million to help these projects expand their market.

Bitcoin 2025 Conference Interesting News

Gemini used Tesla's Cybertruck to mine Bitcoin at the Bitcoin 2025 Conference.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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